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Technology Stocks : MTIC - Is this the next EMC?
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To: jkb who wrote (1176)1/27/1998 11:00:00 AM
From: gmccon  Read Replies (2) of 3748
 
Does this mean .18 wasn't to terrible a guess? :-)

I don't know from investing except a little tid-bit here and there that I've picked up from friends. Thank you, friends. But let me offer this just in case it rings true with someone else. Almost any time there's momentum/speculation involved, there will be some "retracing" (sorry if that's not the correct term), even if short lived.

MTIC traded 160K shares one day last week, which included traders giving momentum upward on the speculation of what this good Q and the soon-to-happen Naz listing would do to the price. A few of those investors are now taking profit and cutting losses because the price didn't sky-rocket, while the rest of us (the investors) wait for a more normal course of events- sold growth over the long term.

Thanks again friends,

Greg
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